Industry online dating dating young single mums

Posted by / 14-Jun-2016 08:33

Industry online dating

Since the start of the new millennium the online dating industy grew rapidly from year to year. In 2004, however, those high numbers began to drop. Vice President of romance for, Trish Mc Dermott, reported a 154% growth in revenue, from .3 million in 2001 to 5.2 million in 2002.According to Mc Dermott, earnings for the first quarter of that year amounted to .9 million; profits were .1 million in 2002 versus .7 million in 2001.Original growth statistics were approximately 70% a year, but by 2006, the growth of the industry slowed to just 10%. It is expected that this downward growth trend will continue through the year 2011.At present the online dating industry is a 700 million dollar industry.Speed dating continues to do well, along with certain niche markets."( This is good data. Remember that public companies publish annual reports.

Bookofmatches combines the ideas of getting to know each other through messaging & self expression before meeting.

Internet dating services began to take shape with the advent of the first major player in the online industry, in 1995.

Years later, has maintained its place as the best known, most reliable resource and largest network for online dating.

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The dating industry is comprised of matchmakers, newspaper and magazine personal ads, telephone chat lines, singles bars, nightclubs geared toward singles, speed dating organizations and internet dating services.

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I've decided to organize the statistics and facts into two main areas.

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